Global Rubber Conveyor Belts
Global demand for rubber conveyor belts is forecast to rise 5.3% per year through 2022 to $7.8 billion. Growth in demand is expected to stem largely from an acceleration in global mining output and sustained advances in global manufacturing. The expanding use of rubber additives to increase the performance capabilities of rubber conveyor belts will also contribute to growth, as these types command a higher price.
Rubber Conveyor Belt Products Include:
Textile Reinforced
Steel Cord
Demand is broken out for the following global regions:
North America
Central & South America
Western Europe
Eastern Europe
Asia/Pacific
Africa/Mideast
Scope of the Report
This Freedonia industry study analyzes the global rubber conveyor belts industry. It presents historical demand data (2007, 2012, and 2017) and forecasts (2022) by product (textile reinforced, steel cord), and region (North America, Central & South America, Western Europe, Eastern Europe, Asia/Pacific, and Africa/Mideast). The study also evaluates company market share and competitive analysis on industry competitors including Bando Chemical, Bridgestone, Continental, Fenner, Mitsuboshi, Semperit, Wuxi Boton, Yokohama Rubber, Zhejiang Double Arrow, and Zhejiang Sanwei.
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